The Most Common Mistakes

Inheritance: how to avoid the eleven most common mistakes

We clarify the most common misconceptions and errors that could cost you or your loved ones dearly.(Bild: buritora - stock.adobe.com)

“Death creates heirs,” as the saying goes. And if you want to make sure who gets something after your death and who doesn’t, you should be careful. Because inheriting and bequeathing property isn’t that simple in Austria. Where do you need to be especially careful? Krone+ sets the record straight on the eleven most common misconceptions!

Whether it’s Grandma’s well-stocked savings account, your partner’s condo, or making sure your wayward son doesn’t inherit a thing—the topic is tricky in itself. We asked attorneys Vincent Schneider and Wendelin Moritz from the law firm Schneider & Schneider to clarify the eleven most common questions.